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Examination of Ethical Theories

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Examination of Ethical Theories

ETH/316
August 5, 2013

Examination of Ethical Theories

There are seven general ethical categories used in defining the ethical values and morals people follow. Each category has different subsections and expectations for a person’s behavior. A person’s morals and ethical beliefs develop from a mixture of values from these various theories; therefore he or she does not necessarily fit snugly into one category. The top three ethical theories are deontological, utilitarianism, and virtue-based ethics – these are the theories under examination.

Deontological Theory

Also known as ‘duty-based’, ‘categorical imperative’, and ‘The Golden Rule’, deontology focuses on “decisions about what’s right [based] on broad, abstract universal ethical principles or values such as honesty, promise keeping, fairness, loyalty, rights (to safety, privacy, etc.), justice, responsibility, compassion, and respect for human beings and property” (Treviño, 2011, pg. 42). People following this ethical category believe moral principles outline the necessary obligations and duties – principles developed by biblical or religious beliefs and societal or government laws. A deontological person does not worry about the consequences of a decision. Their concerns focus on duty or moral obligations. In a professional capacity, the person follows instructions of managers or supervisors because it is his or her duty to respect authority, even if the instructions are unethical.

Utilitarianism Theory

The second most common category of ethical behavior is also known as ‘consequence-based’ or ‘teleological ethics’. In this category, people focus on decisions that result in the most benefits for the greatest number of people in a society. Utilitarianism ethics applies to much of the decision-making in the business world, as a company exerts an

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